Low cost carrier Tiger Airways has mandated Standard Chartered to provide multi-million dollar financing for pre-delivery payments (PDP) of 14 new aircraft. "Standard Chartered Bank has been mandated ...
Singapore Airlines is planning to double the number of A380 aircraft flying between Sydney and Singapore. The move will add 140,000 seats a year on the route. The A380s will replace one of the daily B...
Chairman of Qantas Airways, Leigh Clifford, has told the airline's annual general meeting in Adelaide that he can't say when dividends will return because the airlines has US$17 billion of aircraft on...
Pakistan International Airlines (PIA) has posted a gross profit of Rs 7.803 billion for the nine-month period ending September 30, 2010. PIA earned total revenue of Rs 74.360 billion, some 16.3% highe...
China Aircraft Technical Services has been authorised as an Embraer service centre, the first in China to be receive this. The centre will support Tianjin Airlines through the line and heavy maintenan...
Air India Ltd has failed to meet some promised targets and the Indian cabinet committee on economic affairs (CCEA) has subsequently turned down a second equity infusion for to Rs1,200 crore for the ai...
Bhutan Airlines will start bi-weekly flights to Guwahati and onwards to Bangkok from October 31. “Drukair hopes that this new route will promote tourism industry by opening doors to expanded travel op...
An IndiGo Airlines flight was stranded on the primary runway at Kolkata airport after making an emergency landing. The Airbus 320 aircraft had to be physically towed by a push-back tractor after its s...
Some 50 pilots serving in Bangladesh's state-owned airline, Biman, called in sick after four colleagues were suspended in a row over plans to raise the retirement age and reduce benefits. Biman flig...
Third quarter net profit for China Southern Airlines grew ten fold over results posted for the same period in 2009. Net profit for the largest Chinese airline rose to CNY3.04 billion in the three mont...
The Australian Licensed Aircraft Engineers Association says that Sunstate Airlines, a subsidiary of Qantas, is operating more than 20 aircraft with the unsecure locks. The engineers say that passenger...
Cebu Air has raised 23.3bn pesos ($560 million) from its initial public offering. This is the biggest ever IPO for a Philippine firm in dollar value, and the largest since 2005 in pesos. Moreover on i...
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